Trump Drama Drowns Out Canadian Conservatives' Election Message
By and Brian Platt
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Pierre Poilievre seemed to be on an unstoppable march to political victory.
It was late December and Justin Trudeau's government was in disarray. The Canadian prime minister had lost his finance minister, was deserted by key members of his party and had gone into hiding from the media. Poilievre's Conservative Party, already well ahead in opinion polls, expanded its lead. As 2025 began, one projection had them on course to win two-thirds of seats in the country's House of Commons, a landslide.
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11 minutes ago
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Pantheon Resources PLC Announces New Executive Team Appointments
LONDON, UK / / June 9, 2025 / Pantheon Resources plc (AIM:PANR) ("Pantheon" or the "Company"), an oil and gas company developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, is pleased to announce the following appointments to the Executive Team to complete the next phase of its strategic plan-transitioning to development and production and listing on a senior US exchange. Appointment of Tralisa Maraj as Chief Financial OfficerTralisa Maraj has been appointed Chief Financial Officer ("CFO"), succeeding Phil Patman. Tralisa's appointment will be effective 14 July, 2025. In her role as CFO, Tralisa will lead the Finance Team to complete the transformation of Pantheon from a pre-revenue AIM-listed enterprise to a material Alaska North Slope producer listed on a senior U.S. exchange. She brings with her more than 25 years of experience, including having previously been the CFO of two publicly listed companies. Tralisa's career began at Price Waterhouse Coopers in Trinidad. Having established herself as a Finance Executive, she became corporate controller at Remora Oil and Gas, followed by her appointment as CFO for Canadian-listed CGX Energy, and most recently, as CFO of the US-listed LiveWire Group Inc. Tralisa is a chartered accountant (UK) and licensed CPA in Texas. Appointment of Erich Krumanocker as Chief Development OfficerErich Krumanocker has been appointed Chief Development Officer ("CDO"), succeeding Bob Rosenthal, to spearhead the Company's subsurface technical leadership. Bob has indicated his desire to step down from the Board of Directors and retire from the Company at the conclusion of the Company's upcoming board meeting on 13 June, 2025. In his role as CDO, Erich will manage the transition of projects from exploration and appraisal through to development and production. Erich brings with him over 25 years of global experience in driving development, operations and project execution at scale across multiple continents. Erich's career originated as a Petroleum Engineer with BP plc on the North Slope of Alaska, with vast experience in the North Sea, Azerbaijan and the U.S., with his BP career culminating as a VP of Production and Operations. Erich joins Pantheon most recently from Microsoft, where he served as a Partner leading digital transformation across the manufacturing and energy sectors. Max Easley, Chief Executive Officer, commented: "We are delighted to welcome Tralisa and Erich to the Pantheon Executive Team. They will be key in enacting our pivot from a world-class exploration and appraisal team to an equally successful development and operations team. Pantheon will benefit from a combined 50 years of international experience between the two. I also want to thank Phil Patman for his efforts in delivering a strong financial platform for growth through this transition and an ultimate US listing." David Hobbs, Pantheon's Chairman, added: "I would like to add my welcome to Tralisa and Erich. In addition, I also want to express my personal gratitude to Bob Rosenthal, who has been a key member of the leadership of the Company. He was a founder of Pantheon some 20 years ago, then became a founder of Great Bear a few years later. Bob returned to Pantheon 7 years ago to help with the acquisition of Great Bear and then lead the technical team through the journey of discovering and appraising the Ahpun and Kodiak fields to demonstrate the potential for resources that are now independently certified at some 1.6 billion barrels of ANS Crude and 6.6 tcf of natural gas. His leadership has helped position the Company to be a significant part of Alaska's energy future." Further information on these appointments:As part of these appointments, and to align with other executives and the wider interests of shareholders, the new executives will receive the following: One-off grant of 375,000 Restricted Stock Units under the Employee Share Ownership Plan ("ESOP") announced in October 2024, vesting over three years 750,000 options with various time-based and operational vesting criteria Be eligible for ongoing standard senior executive grants under the ESOP The Company expects to grant these awards as soon as administratively and regulatorily practicable. An additional announcement, including further details of their terms, will be made once they are awarded. As is common with US-based businesses, it is not anticipated that the CFO or CDO role will be a Board position. The following details in relation to the appointment of Tralisa Maraj are disclosed in accordance with AIM Rule 17 and Schedule 2(g) of the AIM Rules: Tralisa Sita Maraj (aged 50) has held the following directorships and/or partnerships in the past five years: Current directorships or partnerships Previous directorships or partnerships Aliana Consulting LLC All About the Blade MJ LLC Cyber App Solutions Corp (trading as Proton Green) LiveWire EV LLC LiveWire France SAS LiveWire Germany GMBH LiveWire Motorcycles Canada Inc LiveWire Netherlands BV LiveWire Switzerland GmbH LiveWire UK Ltd StaCyc LLC Stratovate Ventures & Solutions Group LLC The Rusty Hook Galveston LLC TMJ Realty Group LLC CGX Energy Management Corp. CGX Resources Inc. GCIE Holdings Ltd Grand Canal Industrial Estates Inc. ON Energy Inc. There is no further information to be disclosed in relation to the appointment of Tralisa Maraj pursuant to AIM Rule 17 or Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies. -ENDS- For further information, please contact: UK Corporate and Investor Relations ContactPantheon Resources plcJustin Hondris+44 20 7484 5361contact@ Nominated Adviser and BrokerCanaccord Genuity LimitedHenry Fitzgerald-O'Connor, James Asensio, Charlie Hammond+44 20 7523 8000 Public Relations ContactBlytheRayTim Blythe, Megan Ray, Matthew Bowld+44 20 7138 3204 USA Investor Relations ContactMZ GroupLucas Zimmerman, Ian Scargill+1 949 259 4987PTHRF@ About Pantheon ResourcesPantheon Resources plc is an AIM-listed Oil & Gas company focused on developing its 100% owned Ahpun and Kodiak fields located on State of Alaska land on the North Slope, onshore USA. Independently certified best estimate contingent recoverable resources attributable to these projects currently total c. 1.6 billion barrels of ANS crude and 6.6 Tcf (trillion cubic feet) of associated natural gas. The Company owns 100% working interest in c. 259,000 acres. Pantheon's stated objective is to demonstrate sustainable market recognition of a value of $5-$10/bbl of recoverable resources by end 2028. This is based on bringing the Ahpun field forward to FID and producing into the TAPS main oil line (ANS crude) by the end of 2028. The Gas Sales Precedent Agreement signed with AGDC (Alaska Gasline Development Corporation) provides the potential for Pantheon's natural gas to be produced into the proposed 807-mile pipeline from the North Slope to Southcentral Alaska during 2029. Once the Company achieves financial self-sufficiency, it will apply the resultant cashflows to support the FID on the Kodiak field planned, subject to regulatory approvals, targeted by the end of 2028 or early 2029. A major differentiator to other ANS projects is the close proximity to existing roads and pipelines which offers a significant competitive advantage to Pantheon, allowing for shorter development timeframes, materially lower infrastructure costs and the ability to support the development with a significantly lower pre-cashflow funding requirement than is typical in Alaska. Furthermore, the low CO2 content of the associated gas allows export into the planned natural gas pipeline from the North Slope to Southcentral Alaska without significant pre-treatment. The Company's project portfolio has been endorsed by world-renowned experts. Netherland, Sewell & Associates estimate a 2C contingent recoverable resource in the Kodiak project that total 1,208 mmbbl (million barrels) of ANS crude and 5,396 bcf (billion cubic feet) of natural gas. Cawley Gillespie & Associates estimate 2C contingent recoverable resources for Ahpun's western topset horizons at 282 mmbbl of ANS crude and 803 bcf of natural gas. Lee Keeling & Associates estimated possible reserves and 2C contingent recoverable resources totalling 79 mmbbl of ANS crude and 424 bcf natural gas. For more information visit This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@ or visit SOURCE: Pantheon Resources PLC View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Carney lays out Canada's G7 summit priorities while managing a complicated guest list
With one week to go until G7 leaders gather in Alberta, Prime Minister Mark Carney has announced his priorities for the meeting and is managing a guest list that lays bare fault lines in some of Canada's international relationships. The G7 leaders summit will be held in Kananaskis from June 15 to 17. On Saturday, Carney said Canada will "seek agreements and co-ordinated action" on three core missions. The first is protecting Canadian communities and the world by strengthening peace and security, countering foreign interference as well as transnational crime and improving joint responses to wildfires. The second is "building energy security and accelerating the digital transition" through fortifying critical mineral supply chains and using artificial intelligence to boost economic growth. Finally, Carney said Canada will push to secure new partnerships that will catalyze "enormous private investment to build stronger infrastructure, create higher-paying jobs and open dynamic markets where businesses can compete and succeed." Those international goals tie closely to Carney's domestic agenda. WATCH | Carney and his Liberals table One Canadian Economy bill: Earlier this week, the Liberal government tabled the One Canadian Economy Act — a bill it says will eliminate federal barriers to internal trade and explain how nation-building infrastructure projects will be identified and approved faster. Many provinces are eager to take Carney up on nation-building plans, especially provinces ready to extract more critical minerals for their regions. B.C. Energy Minister Adrian Dix said one project on his mind is the North Coast Transmission Line, which would expand the province's electricity system and could unlock more critical mineral extraction in B.C.'s northwest. "It's a project that exists. We're working with First Nations on [it] right now. That's a significant project," Dix said in an interview on Rosemary Barton Live. Ontario Premier Doug Ford is pushing to use powers in his government's recently passed Bill 5 to designate the mineral-rich Ring of Fire as a special economic zone, where cabinet can exempt companies and projects from having to comply with any provincial law, provincial regulation or municipal bylaw. Ford put the Ring of Fire at the top of his list presented to Prime Minister Mark Carney for consideration as a potential nation-building project. Carney came under fire earlier this week when it was announced he'd invited Indian Prime Minister Narendra Modi to the G7 summit just months after the RCMP accused his government of acts of murder, extortion and coercion. The prime minister defended the move and said on Friday that India and Canada "have now agreed importantly to continued law enforcement dialogue. So there's been some progress on that." Last fall, the RCMP laid out allegations accusing agents of the Indian government of playing a role in "widespread violence" in Canada, including homicides, and warned that it poses "a serious threat to our public safety." That came after Canada accused Indian government agents of being involved in the killing of Hardeep Singh Nijjar, a Canadian activist for Sikh separatism. WATCH | B.C. Liberal says constituents 'concerned' over Modi's G7 invitation: The Sikh Federation of Canada called the invitation "a grave insult" and Liberal MP Sukh Dhaliwal, who represents the Surrey riding where Nijjar was shot, said neither he nor many of his constituents support Modi. Mexican President Claudia Sheinbaum has also been invited to the G7 summit, but it's not confirmed whether she will attend — a hesitation that underscores some diplomatic tensions after some premiers suggested Canada ditch Mexico and pursue a new bilateral trade agreement with the United States. Arturo Sarukhán, former ambassador of Mexico to the United States, said Sheinbaum should attend because it would allow her to "reset relationships with Canada" and leave aside "the pissing match that Canadians and Mexicans have been in since the fall." Sarukhán also said on Rosemary Barton Live that Mexico's attendance "would allow Carney and Sheinbaum to have a first sit-down with Donald Trump on neutral ground" to discuss a looming renegotiation of the North American free trade deal. When asked whether the North American free trade deal will hold up, Sarukhán said "probably the outcome of the process is that we will end up with two separate free trade agreements. One between the U.S. and Canada [and] one between Mexico and the United States." "That's not a good outcome for future North American competitiveness if the U.S. wants to be successful in its recalibration of its relationship with Beijing," Sarukhán said. "It needs Canada and Mexico for that recalibration to be successful."
Bloomberg
3 hours ago
- Bloomberg
Banning Burqas Is the Wrong Move for the UK
The question rang out like a pistol shot across the House of Commons, where last week's round of prime ministers' questions had been passing in humdrum fashion. 'Given the prime minister's desire to strengthen strategic alignment with our European neighbors, will he — in the interests of public safety — follow the lead of France, Denmark, Belgium and others, and ban the burqa?' A shocked Keir Starmer mumbled a few words and swiftly moved on without addressing the question from Sarah Pochin, a new member of parliament from the populist Reform UK party.
